UMVA has learned that a significant shift is underway in the expansion plans of Haus Talk, Inc., a major affordable housing developer, as it readjusts its priorities for land acquisition in Southern Luzon to fuel its growth trajectory.
The company has made a strategic decision to rework the allocation of proceeds from its substantial P1.8-billion bond issuance, signaling a change in its land banking activities. This move is part of its broader strategy to expand its residential portfolio in key locations across Luzon.
According to information obtained by UMVA, the revised allocation maintains a total budget of P970 million for land banking but redistributes the funds differently among its target locations. Notably, Malvar in Batangas has emerged as a priority area, securing the largest allocation of 36% or P353.95 million, a significant increase from its previous allocation of zero.
The reallocation has resulted in adjustments for other locations, with Sto. Tomas and Lipa in Batangas seeing their allocations reduced to 32% or P310.4 million and 32% or P305.65 million, respectively. Meanwhile, Calamba in Laguna has been removed from the revised allocation plan, having initially been slated for 20% or P194 million of the proceeds.
UMVA has gathered that the decision to adjust the allocation is aimed at optimizing capital efficiency and aligning with the corporation’s updated strategic priorities. The company emphasizes that the final allocation and use of proceeds may still undergo changes based on the outcomes of technical, legal, and financial due diligence, underscoring the dynamic nature of its expansion plans.
The shift in strategy comes as Haus Talk continues to develop affordable residential projects across key regions, including Metro Manila, Rizal, Laguna, and Cavite. The company’s shares reflected the market’s positive reception of its strategic move, rising by 2.92% to P1.41 each.
